At IPEF ministerial, some call for transition periods to meet commitments

U.S. officials spearheading the development of the Indo-Pacific Economic Framework for Prosperity this week heard pleas from partner countries for transition periods to ensure binding commitments can be met by all, according to ministers and reports. The U.S. on Tuesday and Wednesday hosted a virtual ministerial with high-level officials from its 13 IPEF partners. U.S. Trade Representative Katherine Tai chaired Tuesday’s meeting on IPEF’s trade pillar, which she leads. Commerce Secretary Gina Raimondo chaired Wednesday’s meeting on the other three...